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China's LNG imports rose 18% last year to a record 79 million tonnes, overtaking Japan as the world's largest buyer. Growth was attributed to economic recovery from COVID-19 and a pipeline reform that let more firms import gas.
China's rising share of global LNG demand tightens competition for cargoes and supports international gas prices over the longer term.
reuters.comChen Aizhu, Marwa RashadMar 1, 2022After 59 past bullish trade events, Natural Gas moved a median +1.3% over 5 sessions (61% higher; middle half -2.7% to +10.6%), and +8.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
